Tech

NFT: hackers stole 130,000 euros of cryptocurrency via Discord

Hackers have managed to steal more than 130,000 euros in cryptocurrency by promising a free NFT to users of Fractal, the platform of the creator of Twitch. To trap Internet users, the criminals hacked into the Discord server set up for the community.

malwares haunt discord
Credit: Unsplash

NFTs (non-fungible tokens) are the new trend in the cryptocurrency market. Adopted by global brands like Nike or Adidas, non-fungible tokens represent a market valued at $ 22 billion.

Unfortunately, the success of NFTs quickly gained the attention of hackers and other cybercriminals. Crooks have also managed to steal more than 130,000 euros in cryptocurrencies users of Fractal, an online platform for obtaining and reselling NFTs on the Solana blockchain. Created in particular by Justin Kan, creator of Twitch, the platform was launched only a few days ago.

On the same theme: An NFT from the first page of Wikipedia sold for more than 660,000 euros

Hacked Discord Server to Trick NFT Investors

To trap investors, hackers have hacked discord server set up by the Fractal team to communicate with its users. “The Fractal team had managed to amass a HUGE fan base. They have a Discord server with over 100,000 users ”NFT industry expert Tim Cotten explains in a blog post.

After hacking the bot supposed to handle the ads, the crooks published un message promising a free NFT to Internet users. To receive it, all you had to do was connect your wallet containing Solana (SOL), Ether’s competing cryptocurrency, by clicking on a link.

Investors were quickly robbed of their digital currencies. In the space of a few minutes, thousands of euros in Solana have been transferred to the criminals’ wallet. Within 10 minutes, 230 users were hacked. “On average, each Fractal fan lost 2.3 SOL ($ 411)”, says Tim Cotten. In total, 130 million euros disappeared during the hack and 373 people lost money.

Fractal quickly pledged to compensate investors who fell into the trap. “Fractal plans to fully compensate these 373 victims. We will need a few days ”, explains the platform, which is pleased that “The hacker only managed to fool 0.3% of our community”.

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